Annual Report and Accounts 2022 ## Contents - 4 Reference and administrative details - 5 An introduction from our Chair - 6 Objectives - 7 Looking back at 2022 - 9 Achievements and performance 10 Our impact in Africa 12 Our Kenya programme 15 Our UK programme 18 Financial review - 22 Structure governance and management 24 Independent Examiner’s report 26 Statement of financial activities 30 Notes to the accounts ## Reference and administrative details Governing document: Memorandum & Articles of Association Patron: The former Prince of Wales Board of Trustees: Mr T Adlam (appointed 15th September 2022) Mr S Barber (appointed 15th September 2022) Mr B Farmer (appointed 15th September 2022) Ms M Grecna Mr J Kimani Ms A Lowndes (appointed 15th September 2022 Ms C MacQueen Ms M McBrien Ms L Rainbow (resigned 1st August 2022) Ms M Reru Prof K Schreckenberg Dr Stephen Vickers Ms R Wanyoike Chief Executive Officer: James Whitehead Registered office: The Old Music Hall, 106—108 Cowley Road, Oxford, OX4 1JE Bankers: CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ Independent examiner: Ben Hayes FCA, Wenn Townsend, 30 St. Giles, Oxford, OX1 3LE Charity Number: 1106269 Company Number: 5219549 ## An introduction from our Chair ## Dr Stephen Vickers I am proud of what we have achieved this year in Africa and in the UK – the commitment of everyone in this joint endeavour has been outstanding. The International Tree Foundation is a charity but it is also a vibrant community. We are a community of people who care deeply about our planet and the vital role that trees play in supporting all life on earth. This community includes our supporters, it includes tree planters, farmers, foresters, entrepreneurs and teachers. We are a community of people who care deeply about our planet (repeated) This year we published our new strategy – it is one that calls us to continually adapt to meet the pressing challenges that our planet faces. ITF is a dynamic, impact-focused charity that is grounded in core values that include partnership, competence and integrity. We are proud of our heritage and are tirelessly seeking ways that we can create a greater difference. The strategy is one that we are already putting into practice – championing a sustainable approach that unlocks the multiple benefits of trees for people and planet. We’ve got so much more to do and bigger plans for the year ahead. 5 4 ## Objectives ## The International Tree Foundation’s charitable objectives are: 1. To promote the conservation, protection and improvement of the physical and natural environment, in particular by: - 1.1 planting and caring for trees and encouraging the planting and caring for trees globally; and - 1.2 fostering an appreciation of trees and the amenity and ecological value of tree cover. 2. To advance education for the public benefit in trees and their habitats 3. To promote the sciences of sylviculture, arboriculture, agro-forestry and associated fields for the public benefit. ## Looking back at 2022 ## James Whitehead, CEO This has been a year when there has been increasing concern about the climate crisis. Tree planting and reforestation is widely seen as a crucial part of the solution. We want to ensure that this is done in the right way, working closely with communities to unlock the multiple benefits of tree planting and restoration. This annual report demonstrates our commitment to realising that – bringing technical expertise, local knowledge and sheer determination to the task of transforming landscapes and lives. This year we marked our centenary and also launched our new strategy. We have four inter-linked pillars that are articulated in the strategy: - A. Environment: Communities increase global tree cover and reforestation with appropriate tree cultivation - B. Livelihoods: Communities grow trees to improve their livelihoods in sustainable and productive landscapes - C. Education: Greater understanding of the ecological, environmental, social and economic value of trees 7 - D. Capacity building: Civil society builds capacity to advocate for and implement community-led forestry These pillars encompass a broad range of work that will continue to evolve and grow in the years ahead. All the successes over this year have come from the team, communities and partners we work with and it is their visions and impact that we want to highlight in this impact report. Furthermore, the achievements described here are also down to our supporters and funders. Your trust in us is humbling and we don’t take it lightly. We are working hard to make every penny count and to consistently deliver quality projects and enduring impact. In the last year we have seen an expansion of our work across the UK and Ireland and Africa. Our partners have managed to deal with hail storms, drought and natural disasters. And yet thanks to their drive and energy they have carried out remarkable work which is re-greening landscapes, creating employment, restoring biodiversity and changing lives. Over 800,000 trees were planted during the year but our impact can’t just be counted in trees – it is the multiple benefits that we strive to create – contributing to 12 of the 17 UN Sustainable Development Goals. This year I have seen first-hand the difference that this work makes on the ground – for communities and in terms of wider ecological benefits. As Stephen, our Chair states, we’ve got so much more to do for the year ahead and we look forward to achieving that together. ## James Whitehead, CEO In order to better reflect the environment we’re working in, we are now measuring all our impact based on the tree planting year, 1 October – 30 September. In order to adapt to this new reporting period, the figures overleaf reflect our work January 2022 to September 2022. ## Achievements and performance What ITF and our partners achieved in 2022 834,219 391 12 wonderful trees planted crucial hectares of forest projects increased vital and growing conserved or restored biodiversity or ecosystem services 52,276 44,253 12,517 people reached through young people learned remarkable people awareness campaigns about our environment participated in our and conservation projects over the year 87 4,469 2,116 community organisations participants increased hardworking smallholder increased forestry and household income farmers increased their agroforestry capacity through our projects yield 33% 1,581 3,786 of leadership roles in our brilliant teachers and staff and generous partner organisations held youth workers trained volunteers received by women training 9 8 ## Our impact in Africa ## Wycliffe Matika, Africa Programme Manager 2022 was a resurgent year for ITF’s work in Africa. As Africa Programme Manager, I am so inspired by the projects we support and the people we work with. It is humbling to work on projects that tackle the challenges of the current climate and ecological crises as well as supporting communities to build sustainable livelihoods and resilience against climate change. Through the Sustainable Community Forestry Programme and Watu wa Miti in Kenya, we were able to implement and embed a multi-impact approach across our projects, contributing to 10 out of 17 of the UN Sustainable Development Goals. In 2022, we mobilised 34 community tree planting partners across 11 countries to implement transformational forest and landscape restoration activities across the continent. Together we planted more than three quarters of a million trees – with thanks to our generous supporters, partners and funders like One Tree Planted and Ecologi. And as always, we’ve had a strong focus on planting 22 trees species that are threatened with extinction to protect the future of our forests. In 2023, we envisage a significant growth of our work and the delivery of transformational community-led projects. We will also continue learning from our experiences on the ground and from the communities we work with for improved understanding and impact. I am particularly excited about the expansion of our work into new geographical landscapes and the adoption of innovative monitoring protocols. We are extremely grateful to our supporters and most of all our tree planting partners for being part of our growing community of environmental stewards. 10 11 ## Our Kenya programme ## Mercy Kimani, Kenya Programme Manager 2022 has been a year of great strides, new landscapes, new projects and great new community partnerships have been added to the ITF family. Despite Kenya experiencing prolonged drought in various parts of the country, we managed to plant and nurture more than 600,000 trees across the country. Working in close collaboration with our local communities and strategic partners, we were able to do timely planting through the expert advice on weather patterns from the Kenya Meteorological Department. More than 6,500 households across Kenya have been positively impacted by the project with about 1,500 reporting improved incomes. At the heart of our restoration work is community livelihood improvement. There is a direct connection between poverty and forest degradation. ITF community-led restoration projects ensure that the community takes the lead in preserving their degraded landscapes, from scratch. Seed collection, nursery establishment, planting and even after care is done directly by the community, therefore owning the process as well as benefiting directly from the project. This has had a great impact in the success of the projects. This applies to both reforestation and agroforestry projects. Most or close to all agroforestry projects are implemented by women. Integrating gender as a bare minimum in all our projects and the success of it makes me very happy. With the women we have peer monitoring, evaluation and learning. Implementing communities compete on success of their on-farm trees, which are mainly high value trees that provide nutrition and fuel wood. Seeing and experiencing the positive change that our projects have on the local women makes me very gratified. We have been enhancing the monitoring and evaluation of projects through the introduction of GIS and training our partners on how take geo-tagged photos from their phones. We have applied radical listening to our projects which has been a great addition to our success. We have had sessions to listen to the communities on what they believe will make the projects sustainable and enhance the trees’ survival and protection. New exciting projects are introducing energy-saving cookstoves to the restoration projects. This has been requested by the women living adjacent to the forests. The eco-stoves will reduce the amount of fuel wood used thus reducing the pressure on the forests, reducing labour and freeing the women’s time to engage in other gainful activities. 13 12 ## Our UK programme ## Sam Pearce, UK Programme Manager 2022 was a very good year for ITF’s work in the UK. These 12 months saw a huge expansion of our presence around the country, supporting projects from Skye to Kent to Cornwall. Of particular note was the expansion of our work in all four home nations of the UK. Supporting communities in their tree-growing ambitions is the centrepiece of ITF’s work worldwide, and I am very happy to report that this mission is being warmly received in all corners of the UK. Along with our programme expansion, the ITF UK team has also grown, with the arrival of Lucy Staveley in August 2022. This investment looks ahead to further expanding our work without losing our attention to detail and offer of bespoke advice to our planting partners. This extra capacity also provides space to develop adjacent progammes for the year ahead, for example community tree nurseries, woodlands and wellbeing, and refugee support. One outstanding milestone has been the development of our relationship with the tree planting platform, Ecologi, who have chosen us as a trusted partner for their work in the UK. This process saw us design and create a tree monitoring mobile app that would allow us to collect data on each tree planted and pass it on to their customers. We trialed this on the Isle of Skye in August and were very happy with the results! With Ecologi’s help, we are now looking to again increase our work in the UK and beyond. 14 15 Uig5hader, Isle ot" Skye 2rn1unnod4 Glasgow Langholm, Dumfries and Galloway 2.000 trees planted with Uigshader Living Forest Project 7.000 trees planted with Green Action Trust 1,300 trees planted with Gone West #L 12 Carnlough, County Antrim iddleton on the Wolds, Yorkshire 1.500 trees planted with Carnlough Shooting and Conservation Club 417 trees planted with Middleton on the Wolds Greener Village Community Group li Glenavyi County Antiim 12 Milton Keynes, Buckinghamshire 3,500 trees planted with Crewe FC iak 1.100 trees planted with Community Trees Milton Keynes O Newuham, Kent iu one, Pembrokeshire 1.000 trees planted with Trees for Farms 10 5,000 trees planted with Calon Yn Tyfu Cyf ruro, Cornw21t Hightown, Southampton Burford, OxFordshire 5,000 tr￿S planted with United Response 50 trees planted with Southampton National Park City 5,000 trees planted with Nature & Nurture 16 17 ## Financial review ## **Performance** The organisation’s income rose significantly in 2022. Total income was £885,737 (2021: £664,076), an increase of 33%. Total funds at the year-end were £588,879 (2021: £559,267) of which unrestricted reserves increased to £229,868 (2021: £148,483). ## 2020) as 2022 showed this dropped significantly. Whilst our significant growth in grant income is welcome, we are mindful of the risks associated with funding from any one institutional donor. ## **Actions to control/mitigate:** - a) Increase focus on gaining new major funding from statutory bodies, trusts and foundations. - b) Nurture our existing key funder relationships. ## **Notes on income and expenditure:** ITF has a varied funding stream,but receives a significant proportion from grant income. Grant income was received from several sources and formed 77% of total income. Other sources of funding came from individual giving (13%), corporate giving (6%) and other sources (4%). - c) Maintain our move away from reliance on legacy income by diversifying funding sources, particularly by engaging corporate donors. Investments into individual fundraising are already paying off. - d) Use unrestricted income to support the growth and sustainability of the charity. ## **2. Fraud and misuse of charitable funds** ITF received a lower level of funding from legacies than in past years. We are extremely grateful to all supporters who kindly remember us in their wills. The proportion of total expenditure that was spent on direct charitable activity was 95% (2021: 92%). Expenditure on governance has reduced in 2022 to £9,324 (2021; £12,406). This was largely due to the maintaining of online meetings for the majority of trustee meetings. ## **Key risks at the start of 2023 are:** ## **1. Medium and long-term funding** In our previous annual report we cited the full impacts of the Coronavirus pandemic and the war in Ukraine as unknown factors which might affect our funding though inflation and economic uncertainty. Overall income having risen would suggest this period is being weathered well by ITF, yet the state of the economy remains an area we may yet be affected by, particularly in terms of giving from individuals. The long-term impacts of Britain having left the EU also remain unclear and may also affect our corporate engagement. We observe increased competition from other organisations, especially those with a focus on carbon offsets. Income from legacies is, by its nature, uncertain. It has made up a significant percentage of income in previous years (average 25% between 2016 and As digital communication and financial reporting becomes more widely adopted, ITF and other charities, including our partners, are exposed to risk from fraudulent activities. Additionally, ITF is aware that there is the possibility of internal and external misappropriation of funds. 18 19 ## **Actions to control/mitigate:** - a) ITF Key Management Personnel (KMP) and Board will continue to ensure that the Finance Policy is kept current and reviewed annually. - b) The procedures on transferring funds to external partners, particularly internationally, in order to mitigate the risk of fraud, will be followed by ITF staff and continually reviewed. With general unrestricted reserves now standing at £203,166 (2021: £148,483) the reserves policy is met. Six months budgeted unrestricted running costs stood at £126,000. The ITF Reserves policy provides both a minimum reserves position and an ideal reserves position to allow the organisation to weather extreme events and to invest in growth and new opportunities. We closed the year midway between these parameters. ## **Significant Donations** ## **3. Investment** ITF may invest funds at the discretion of the Board (as per the Articles of Association and Standing Orders). The charity has not held any long-term investments during the year. Should the charity have funds to invest, it would abide by its Ethical and Environmental Policies which state: - a) ITF will seek to use the services of banks and other financial institutions that comply with ITF’s ethical and environmental criteria. - b) ITF will wherever practicable avoid using the services of banks or other financial institutions that do not adhere to ITF’s ethical and environmental criteria. - c) For savings and investments we will choose mutual societies and institutions that invest in socially and environmental responsible projects. ## **Reserves Policy** The Trustees review the reserves policy of the charity annually. This review covers the nature of the income and expenditure streams of the charity, and the need to match variable income with fixed costs. Trustees recognise that the charity needs to have sufficient cash and reserves to absorb short term fluctuations in income. The level of unrestricted reserves needs to consider both the plans of the charity and the wider economic climate. The Trustees resolved that it is appropriate to maintain a policy of having a level of general unrestricted reserves equivalent to six months running costs. ## **Funds as at 31st December 2022:** Restricted £359,011 General £203,166 Designated £26,702 Total £588,879 During 2022, we received a number of generous donations and grants. The list below details those above £3,000: Answer Connect, Big Give, Botanical Gardens Conservation International (BGCI), Cielo, Earthday Foundation, Ecologi, Get Laid Beds, Green Impact, Just One Tree, Kisoboka Trust, New North London Synagogue, One Tree Planted, Purlfrost, Size of Wales, Solder Connection, The Tresanton Trust, The UPS Foundation, TreeNation, TreeSisters as well as several generous individual donations, legacies and bequests. 20 21 ## Structure governance and management The International Tree Foundation was constituted as a company limited by guarantee and is governed by Articles of Association and Standing Orders. The charity was registered with the Charity Commission in October 1965 (under former name ‘The Men of the Trees’). ## **Appointment and Recruitment of Trustees** The members of the Board are its Trustees for the purpose of charity law and are the Directors of the charitable company for the purpose of company law. Appointment of Trustees is governed by the Articles of Association of the charitable company. The Trustees have authority to co-opt new Trustees to fill casual vacancies arising during the year. The number of Trustees appointed should not be less than three and no more than twelve. There were four new trustee appointments in the period and one trustee resignation. ## **Organisational Structure** The Trustees had four full formal meetings in 2022. In addition to the full Board meetings, there are committees for Finance, Fundraising, People and Operations, and Programmes that met during the year. Trustees are responsible for the strategic direction and policy of ITF. ## **Senior Staff** A new Africa Programmes Manager (January 2022) and Finance Manager (July 2022) were appointed in the year. ## **Pay and Remuneration** ITF is an equal opportunities employer and applies objective criteria to assess merit. Pay reviews are held with staff annually. A benchmarking process is undertaken periodically. ## **Risk assessment and management** The Trustees are aware of the major strategic, business and operational risks that ITF faces and are of the opinion that there are systems in place to minimise any perceived risks. Reports are regularly submitted to the Board on all issues that might affect the running of the organisation, and a risk register is maintained and reviewed regularly by senior managers, and biannually by the Trustees. ## **Public Benefit** In deciding on which activities to undertake we have taken into consideration Charity Commission guidance on public benefit. The Trustees are satisfied that the charity meets these guidelines with regard to delivering public benefit. Approved by the Board of Trustees on 8th June 2023 and signed on its behalf by: ## **Dr Stephen Vickers, Chair** ## Company Number 5219549 Charity number 1106269 23 22 ## Independent Examiner’s Report to the Trustees of International Tree Foundation I report to the charity trustees on my examination of the accounts of the company for the year ended 31st December 2022 which are set out on pages 12 to 23. ## **Responsibilities and basis of report** As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner’s statement** Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than anyrequirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of anindependent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement ofRecommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland(FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Benjamin Hayes BSc FCA** For and on behalf of Wenn Townsend Chartered Accountants, Oxford 8th June 2023 24 25 International Tree Foundation Statement of Financial Activities (including income and expenditure account) for the year ended 31st December 2022 Note Unrestricted funds Restricted funds Total 2022 Unrestricted funds Restricted funds Totsl 2021 Income from: Donations and legacies Membership subscriptions, sponsorship and events Investments 153,460 4,106 1,314 726,857 880,317 4.106 1.314 144,715 4.524 174 514,663 659,378 4,524 174 Total income 158,880 726.857 885.737 149.413 514,663 664,076 Expenditu￿ on: Raising funds Charitable activities 41,553 64,693 41,553 814,572 41,555 79,807 41,555 474,455 749,879 394,648 Total expenditure 106,246 749.879 856,125 121,362 394,648 516,010 Net incomellexpenditure) 52,634 (23,022) 29,612 28,051 120,015 148,066 Transfers between funds 13 28.751 (28.751) Net movement in funds 81.385 (51.773) 29,612 28.051 120,015 148,066 Fund balances brought forward at 1st January 2022 148,483 410.784 559.267 120.432 290,769 411,201 Funds balances carried forward at 31 st December 2022 229,868 359,011 588,879 148.483 410,784 559,267 All income and expenditure derive from continuing activities. The statement of financial activities includes all gains and losses recognised during the period. 27 International Tree Foundation International Tree Foundation Balance Sheet 31st December 2022 Statement of Cash Flows for the year ended 31st December 2022 Note 2021 Note 2022 2021 Fixed Assets Tangible assets 4.786 2,939 Current Assets Debtors Cash al bank and in hand Net cash fl(M from operabng actNrties 14 114,523 22.698 10 47,859 553,054 121.654 442,693 Cash Ilows from investing activities: 6(K).913 564.347 Interest received 1.314 174 Creditors.. Amounts f811ing due within one year 11 116,8201 (8,019) Purchase offixed assets 15,476) 12,655} Net Current Assets 584,093 556,328 Net tash flow from investing activities {4,1621 12.4811 Totsl Assets less Current Liabilitigs 588,879 559,267 Change in cash and cash equivalents in the period 110,361 20.217 Net Assets 588,879 559,267 Cash arKI cash equNalents brought forward at 1st January 2022 442,693 422,476 Funds Cash and cash equrvalents carried ft>rward at 31st December 2022 553.054 442,693 Restricted funds 359,011 410.784 Unrestricted funds General fund Designated funds 203.166 26,702 148,483 Total Funds 13 588,879 559,267 For the year ending 31st (kcember 2022 the company was entitled lo exemption from audit under section 477 of the Companies Act 2006 relating lo sfflall companies. Directors. responsibilities.. The members have not required the company lo obtain an audit of its accounts for the year in question in accordance with section 476., The directors acknowledge their responsibilities for cOm￿y1ng the requirements of the Act with respeel to accounting records and the preparation of aecounls. The accounts have ￿en prepared in accordance with the provisions applicable to ¢xJmpanies subject to the small companies, regime. Approved by the Board of Trustees on 8th June 2023 and signerthe year ended 31st December2022 Notes to the Accounts lcontinuedl for the year ended 31st December 2022 13 Statement of funds 12 Analysis of net assets between total funds Balance at 111122 Balance Expenditure Transfers at 31112122 Income Unrestricted Restricted Funds funds Total Restricted funds Inlemalional Programmes" Africa Drylands sustainab￿ Community Forestry Kenya Programme {Walu Wa Mitil Save Kafvga Forest ups UnNetsity of S8skalche4van Uganda Programmes Fund balances at 31st Decem￿1 2022 are represented by: 1,627 87.473 150,581 288 23.962 1262) 1,627 34.644 138.640 431 112.848 21.692 435,879 146 188,950 {74.521) {425.3071 {22,513) Tangible fixed assets Cash at bank and in hand Other nel current assets 4,283 212,682 12,￿13 503 340,372 18.136 4,786 553,054 31,039 (100.0641 262 229,868 359,011 588,879 23,987 {23.659) 328 UK Prc#Jrammes". Communty Tree Planting Susan Cooke ￿acY Tree Power Trees Joumal Unrestricted Restricted Funds funds Totsl 40.951 104,015 1.511 638 56,203 {62,2111 {63,4761 34,943 34,039 1.511 16,500) Fund balances at 31st D￿mber 2021 are represented by: 16381 Tangible fixed assets Cash at bank and in hand Other net current assets 2,114 138,065 8,304 825 304,628 105,331 2,939 442.693 113.635 410,784 726,857 (749,879) {28,751) 359,011 Unrestricted funds General fund 148.483 410.784 559,267 148,483 158,880 (106.2461 2.049 203.166 tlesignated fuThJs: Tree SustaIna￿.1itY & Survival FuThJ UK & Europe Devdopment Fund 20,202 6,500 20,202 6,500 148,483 158,880 1106.2461 28,751 229.868 Totsl funds 559,267 885,737 1856,125) 588,879 37 International Tree Foundation International Tree Foundation Notes to the Accounts (continued) for the year ended 31st Decernber 2022 Notes to the Accounts lcontinuedl ft>r the year ended 31st December 2022 13 Statement of funds (eontlnued) 13 Statement of funds {contlnuedl Balance at 111121 Balance Expenditure Transfer5 at 31112121 ups The UPS Trees in the Cities programme supports the effort lo create awareness in the front line of climate change and promote the role of trees in improving the quality of life in ci(ies around the world. Together with volunteers from UPS. we are planting trees and supporting the growth of urban green infrasltuclure in 14 selected major cities. This project is creating local and global connections with community tree-planting at the centre of the effort. Inrtially funded through the Earthday Foundation. this programme involving UPS has now extended to a follow on programme directly funded by the UPS Foundation. Income Restricted funds Inlemalional Programmes.. Africa Drylands Sustainable Community Forestry Kenya Programme Iwalu Wa Miti) Mount Bamboulos Ini(iatThie Save Kafuga Forest ups Universty of Saskalchewan 2.407 104,655 49.242 30,756 158 {7801 156,6231 (177.4971 157,5531 131 128,3941 12.1881 1.627 87.473 150.581 40,586 280.336 26,797 133 52,356 1.926 (1,1451 (1.5￿) 288 23,962 1262} University of Saskatchewan Funds lor the digitalisation of the Saint Ba￿ Baker archive al the University of Saskatchewan. UK Pro rammes Community Tree Planting Helping local communiiies in the UK plant Irees. Major funders include Tree Nation. and a nUM￿r of individual and corporate donors. UK Programmes.. Community Tree Planting Susan Cooke legacy Tree Power Trees Joumal 3.028 97,658 2,865 67,483 45,000 46 129,5601 138,6431 {1.4001 12.0071 40,951 104.015 1.511 638 Susan Cooke legacy A bequest from the Estate of the18te Susan Cooke, to Carry out work in Northern Ireland. 290.769 514.663 (394.6481 410,784 Tree Power Education programme supporting teachers and schools to inspire new generations about the local and global importance of trees and foresls. Unrg$tricted funds General fund 120.432 149.413 {121.3621 148,483 Trees Journal The pr(￿JuctIon of ITF'S annual publication. Contributions to the costs of this are m8de by our other programmes. 120.432 149.413 {121.3621 148,483 Total funds 411.201 664.076 (516,0101 559,267 Tree Sustainability & Survival Fund This designaled fund addresses a need to provide a resource lo maintain, protect and ensure survival of trees across our tree-plants.ng work worfdwide, especially with respect lo extreme weather effects due to climate change. Intemational Pro rammes Africa Drylands A bequest from the Estate of the late Mrs MM Gare in 1999, to be ulilised in the environmenlal regeneration of the Sahara region through the establishment of communrty tree planting projects. UK & Europe Development Fund This designated fund provides seed funding for development of our UK and Europe programme and to enable expansion of our work in these regions ahead of our securing of additional restricted funding. Kenya Programme (Watu wa Miti Supporting the planting of trees in Kenya by local communily-based organisalions. Funders include-. Big Give Christmas Challenge. Botanical Gardens Conservation Intemalional, Ecologi, Just One Tree. New North London Synagogue, One Tree Planted, Plant for the Planet. Paul and Gill Withers. Tree Appeal. Treesislers individual and corporate donors. Transfe￿ made during the pEriod'. From To Notss Uganda Programme Supporting the planting of trees in Uganda by local community-based organisalions. Funders in the year were Size of Wales and Kisoboka Trust. unres1ri￿ed University of Saskatchewan To clear University of Saskalchewan funded deficit balance- prqect having dosed in 2021 Save Kafuga Forest Supporting efforts lo protect the Kafuga Forest in Uganda. Resth"cted Kenya Pr(xJramme (Walu Wa Miti) Restricted Susan C(K)ke legacy Unresth"¢ted To transfer residual non relumable funds on dosure of OTP 2021 project Sustsinable Community Forestry Supporting local community-based organisalions to raise and plant Irees and to manage and restore local foresls. Major funders include.. Prin￿ of Wales Charitable Trust, Chartes Hayward Foundation, Plant for the Planet, New North London Synagogue, Tresanton Trust and a number of Ix)rFM)rate, trust and individual donors. Designated UK & Europe Development Fund Transfer from Susan C(K>ke funding lo boost UKCTP programme Resth"cted Kenya PrryJramme (Walu wa Mits") Designated Tree Sustainability & Survival Fund 2022 allocations from project funding lo support ITF'S fund set up lo maintain. protect and ensure survival of trees across our Iree-planling work worldwide. especi81￿ with respect lo extreme wealheT effe¢ts due lo climate chan e Intemational Tree Foundation Notes to the Accounts {continuedl for the year ended 31st December 2022 14 Reconclllatlon of net movement In funds lo net cash flow from operatlng actlvi15es 2022 2021 Net income for period 29.612 148.066 Depreciation charge Interest receivable {Increaseydecrease in debtors Increaselldecreasel in creditors 3.629 (1.3141 73,795 8.801 1.521 {1741 {86.713) {40,002) Net cash flow from operating activities 114.523 22.698 15 Lease commitments At 31st De￿mber 2022 total future minimum ￿89e payments under non4ancell8ble opwating leasey were 8s follows= Land and buildings 2022 2021 Due within one year 7,541 7.050 16 Relatgd party transactions International Tree Foundation Kenya, a Charity, was incorporated under Kenyan law during the year ending 31 st December 2019, to enable Kenyan donors to make don8tions to help ITF meet its obiectNes. ITF and ITF Kenya have the same Board of Tnjslees, therefore ITF Kenya is viewed as being controlled by ITF and therefore a subsidiary for accounting purposes. For the year ending 31st De￿mber 2022, ITF was enlilled to exemption from preparing consolidaled accounts as the parent and the group headed by rt qualify as small under section 383 of the Companies Act 2006 and the parent and the group are considered eligible for the exemption as determined by reference lo sections 384 8nd 39912AI of the Companies Act 2006. ITF Kenya is deemed a dormant entity as no transactions took place during the year. There were no other related party transactions to disclose in 202212021.. none}. 17 Contingent liabilities The charity has various active Memorandum's of Understanding IMOUSI with its project partners as al the year end dale. Under these MOUS future funding is pledged lo projecl partners, although this is subject to substantial review conditions that are communicated lo the recipient. and thus control remains with the charity. As at the year end a total amount of £101,588 has been awarded, wth £71.793 due wrthin one year. 41 (+44) 01865 922 430 internationaltreefoundation.org hello@internationaltreefoundation.org The Old Music Hall, Cowley Road, Oxford, OX4 1JE, United Kingdom Charity number 1106269